“The price increases are at levels that are catastrophic for most people. And I can't predict that prices are going to go down. I wish I could.”
Carol Biedrzycki
“The price increase started clear back in April. These increases were long under way.”
Tim Hamilton
“Whereas they used to have a higher price range, say $17 to $21 [a barrel], now people say prices could be at $11, $12, $15 for a long time, or at least you can't bet your company that they are going to be higher, and that has led to this powerful motive to merge as the next stage of getting your costs under control and spreading them out over a larger base.”
Daniel Yergin
“The market is starting to price out some of the rate increases that have been priced in.”
Marc Levesque
“They don?t want to show the real high price. They take the prices off the pumps so that people don't know what the price is before they get into the station.”
Charles Carroll
“The price increases in 2004 and 2005 were historically significant. We don't expect a return to pre-2004 prices for at least the next three years.”
Wim van Acker
“When prices in the DRAM market were increasing, competitors talked and agreed on when and by how much the price should go up (sometimes reaching explicit agreement on what price they would start their negotiations with and where they intended to end). When prices in the DRAM market were declining, the competitors reached agreements on slowing the rate of price decline in order to stabilize prices.”
Phillip Warren
